In the first three quarters of 2013, the CPC Central Committee and the State Council committed to the general tone of making progress while ensuring the stability, stabilized the macro-economic policies, made innovation on the macro-control, deepened reform and opening-up, accelerated transformation and upgrading, and endeavored to improve people's livelihood. As a result, the overall national economy realized steady growth and enjoyed good momentum.

According to the preliminary estimation, the gross domestic product (GDP) of China in the first three quarters of this year was 38,676.2 billion yuan, a year-on-year increase of 7.7 percent calculated at comparable prices. Specifically, the year-on-year growth was 7.7 percent for the first quarter, 7.5 percent for the second quarter and 7.8 percent for the third quarter. The value added of the primary industry was 3,566.9 billion yuan, up by 3.4 percent; that of the secondary industry was 17,511.8 billion yuan, up by 7.8 percent; and that of the tertiary industry was 17,597.5 billion yuan, up by 8.4 percent. The gross domestic product of the third quarter of 2013 went up by 2.2 percent on a quarterly basis.

1. Agricultural Production Showed Good Momentum and Autumn Grain is Expected to Get Another Harvest.

The total output of summer grain was 131.89 million tons, an increase of 1.96 million tons, up by 1.5 percent year-on-year. The output of early rice was 34.07 million tons, an increase of 783 thousand tons, up by 2.4 percent. The autumn grain production is expected to get a good harvest again. In the first three quarters of 2013, the total output of pork, beef, mutton and poultry reached 58.03 million tons, a year-on-year growth of 1.3 percent. The output of pork reached 38.31 million tons, up by 2.1 percent. The number of pigs in stock was 475.41 million, up by 1.5 percent, while the number of slaughtered pigs was 502.59 million, an increase of 1.9 percent.

2. The Growth of Industrial Production Grew Steadily and Moderately with Constant Increase in Enterprises Profits.

In the first three quarters, the total value added (calculated at comparable price) of the industrial enterprises above designated size was up by 9.6 percent year-on-year, an increase of 0.3 percentage point compared with that in the first half of this year. An analysis on different types of enterprises showed that the value added growth of the state-owned and state holding enterprises went up by 6.3 percent; collective enterprises 4.5 percent; share-holding enterprises 11.0 percent; and 7.9 percent growth for enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan provinces. The growth for mining industry was up by 6.7 percent year-on-year; manufacturing up by 10.3 percent; and the production and supply of electricity, gas and water up by 6.8 percent. All the 41 industrial divisions registered year-on-year growth. In terms of different areas, the growth in eastern, central and western regions was 8.9 percent, 10.5 percent and 11.0 percent respectively. Out of the 464 kinds of industrial products, 338 of them registered year-on-year increase in output. Of this total, electricity went up by 6.8 percent, crude steel up by 8.0 percent, rolled steel up by 11.7 percent, cement up by 8.9 percent, plain glass up by 11.3 percent, ten kinds of nonferrous metals up by 9.8 percent, coke up by 8.2 percent, sulfuric acid (converted into 100 percent) up by 4.8 percent, caustic soda (converted into 100 percent) up by 4.4 percent, chemical fiber up by 7.5 percent, ethylene up by 6.4 percent, and micro computer equipment up by 8.4 percent. The output of integrated circuits was up by 9.3 percent, and motor vehicles up by 15.3 percent with the output of cars grew by 14.5 percent. In the first three quarters, the sales ratio of industrial enterprises above designated size was 97.7 percent, or 0.2 percentage point higher than that in the first half of the year. The export delivery value of the industrial enterprises above designated size reached 8,214.8 billion yuan, up by 4.5 percent year-on-year. In September, the total value added of the industrial enterprises above designated size was up by 10.2 percent year-on-year, or 0.72 percent month-on-month.

In the first eight months of this year, the profits made by industrial enterprises above designated size stood at 3,486.4 billion yuan, up by 12.8 percent year-on-year, an increase of 1.7 percentage points compared with that in the first half of the year. Of this total, the profit from primary activities was 3,580.1 billion yuan, up by 4.9 percent. Among the 41 industrial divisions, 25 divisions registered year-on-year increase in profits from primary activities, 14 divisions witnessed reduction, one division turned into profits from losses, and one division had less losses. In the first eight months, the costs for per-hundred-yuan turnover of primary activities of the industrial enterprises above designated size reached 85.9 yuan. The profit rates of industrial enterprise above designated size from all activities and their primary activities are 5.4 percent and 5.6 percent respectively.

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